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maltatoday | SUNDAY • 6 JULY 2025
NEWS
MALTA GOVERNMENT STOCK FOR SAFE INVESTMENT AND LIQUIDITY WITH
INTEREST PAID UP TO THE DAY OF RE-SALE OF STOCK
◆ SECURITY ◆ CONTINUOUS LIQUIDITY ◆ INTEREST EVERY SIX MONTHS ◆
(The value of the investment may go up or down during the tenor of the Stock.)
Treasury Department, Development House, Level 2-3, St. Anne Street – Floriana, Malta
Tel: 2596 7125
Secure Investment
Issue of €250,000,000
in Fixed Rate Malta Government Stocks
MALTA GOVERNMENT STOCKS
^dKͲ'sZE
________
The price for each Stock in (i) and (ii) above, offered for subscription by members of the public shall
be established on Thursday, 10 July 2025, based indicatively on the prevailing secondary market
prices, and shall be announced through a Press Release issued by the Department of Information
(DOI).
(i) 3.40% Malta Government Stock (IV) maturing in 2035 and
(ii) 3.80% Malta Government Stock (II) maturing in 2040.
Fixed Rate Malta Government Stocks
Applications from members of the public for an amount up to a maximum of €499,900 per person in
any one or in any combination of the two stocks on offer open on Monday, 14 July 2025 at 8.30 a.m.
and close at 2.30 p.m. on Wednesday, 16 July 2025.
Applications from wholesale investors in the form of sealed bids (auction) open at 8.30 a.m. on
Friday, 18 July 2025 and close on the same day at noon (CET), or earlier at the discretion of the
Accountant General.
The application forms may be obtained from, and lodged at, all Members of the Malta Stock Exchange
and other authorized Investment Service Providers on the indicated dates. Application forms may also
be downloaded from the Treasury's website at htts://treasury.gov.mt/en/application-forms/ from Friday,
11 July 2025.
The Accountant General announces the issue of €250,000,000 Malta Government Stock in any one
or in any combination of the following two stocks:
The sum of money to be raised may be increased further up by a maximum of €150,000,000 in the event of
oversubscription.
ERA set to clear way for Corinthia's
Enviroment watchdog says permit should be conditional on lighting and
landscaping plans, however no conditions were imposed on noise from the hotel
and independent villas • Project includes 161-room hotel and 25 villas
THE Environment and Resourc-
es Authority (ERA) is set to ap-
prove the Corinthia Oasis pro-
ject at the former Ħal Ferħ site
in Għajn Tuffieħa, Mellieħa.
However, ERA's go-ahead
will include conditions to lim-
it light pollution and ensure
landscape screening from sen-
sitive viewpoints.
ERA's final position will be
determined at a board meeting
scheduled for next Friday (11
July). However, the final deci-
sion on the project will be tak-
en by the Planning Authority
(PA) at a later stage.
The development application
proposes significant changes to
a previously approved tourism
project on the site, which for-
merly housed British barracks
and was transformed into an
Air Malta-owned tourist vil-
lage in the 1970s.
While the original permit is-
sued in 2012 foresaw the devel-
opment of 228 tourism units,
the new proposal introduces
a mixed-use development. It
comprises of a luxury resort
hotel with 122 standard rooms
and 39 detached suites over
46,708 sq.m of land, and a res-
idential zone covering 30,679
sq.m, accommodating 25 high-
end villas.
The site, located in a sensitive
rural and coastal area, has al-
ready undergone partial clear-
ance and road upgrades under
previous permits.
The Environmental Impact
Assessment (EIA) for the pro-
ject flagged three areas of con-
cern: a major adverse impact
on the landscape character and
visual amenity, a major impact
from the removal of geological
material, and moderate im-
pacts on fauna due to opera-
tional lighting.
In terms of landscape, ERA
noted that although visual
changes will be noticeable, the
low-lying nature of the build-
ings and the extensive planting
of indigenous vegetation will,
over time, cover the devel-
opment from key viewpoints.
The removal of approximately
127,000m³ of ground material,
mostly soil, was also deemed
acceptable, with 91% of the ex-
cavated soil to be reused on site
JAMES
DEBONO
jdebono@mediatoday.com.mt
